TransForce eyes Canada’s top trucking fleets; Intermodal firm in sight

TORONTO -- About 100 of Canada's 10,000 or so trucking companies are wearing purchase targets on their back, says the CEO of the largest for-hire carrier in the nation.

Bookmark This: Fuel and wages is costing shippers more, says CTA boss

TORONTO -- Even though tight transportation capacity has allowed truckers to haul in good coin the last few years, profit margins among carriers are not anywhere "near thick enough" to be able to absorb skyrocketing costs like fuel.

Trailer orders up significantly: Analysts

NEW YORK -- March of this year saw better-than-expected trailer orders, with total trailer increases of 66.7 percent year-over-year to 37,066, according to the transportation arm of U.S. investment firm and market analysts Bear Stearns.

2006 gloomiest period for manufacturers in last five years: Report

OTTAWA -- Manufacturers are expecting tougher times ahead according to the April Business Conditions Survey, published by Statistics Canada.

CTA pleased with tax cuts, border investments in Tories’ first budget

OTTAWA -- Canada's first Conservative budget in nearly 15 years is good news for small and medium businesses -- trucking carriers included.

Accuride names Canadian to manage Steel Wheels

EVANSVILLE, Ind.-- Accuride Corp. has announced the appointment of former London, Ont. plant director Leigh Wright to vice-president and GM of Accuride Steel Wheels.

Cummins launches supplier code of conduct

COLUMBUS, Ohio -- Cummins has begun implementation of a code of conduct for its global supply base detailing its expectations of compliance to certain business and ethical standards.

Auto industry braces for Delphi strike threat

DETROIT -- About 24,000 Delphi factory workers are on the verge of voting for a massive strike which could send ripple effects across North American auto-related sectors.

ArvinMeritor flying high on trucking’s wing

CHICAGO -- Truck parts and components systems giant ArvinMeritor announced better-than-expected profits mainly due to surging demand in the heavy truck sector.

Slack capacity may be here today, but gone tomorrow: OTA

TORONTO -- Some excess capacity and softening truck rates in a handful of Ontario sectors does not mean buying power has swung back away from trucking, says the head of the Ontario Trucking Association.

Meritor WABCO expands commercial vehicle brake prods

TROY, Mich. -- Meritor WABCO Vehicle Control Systems, the joint venture between ArvinMeritor and WABCO, has expanded its commercial vehicle brake products portfolio, adding air disc brakes from both partner companies.

Fleet-buying sparks Mullen’s record 1Q revenue

ALDERSYDE, Alta. -- A series of major fleet acquisitions and mergers have launched Mullen Group Income Fund high into the black in the first three month of 2006.

Truck manufacturing entering rise and fall period; Truckmakers gear down

NEW YORK -- North American Class 8 sales are expected to top a record 300,000 units this year, but could plunge by as much as 30 to 50 percent in '07, according to a study by Roland Berger Strategy Consultants.

Truck repos help drive pre-owned market

WESTBURY, N.Y. -- Repossessions and liquidations of tractor-trailer trucks have been high for the past five quarters, reports N.Y.-based Nassau Asset Management. Yet, those same trucks are reselling at a brisk pace, illustrating the diverse forces affecting the trucking sector.

Manufacturing shipments rise for the first time in ’06

OTTAWA -- Slow to get out of the starting gate in 2006, Canadian manufacturing activity picked up slightly in March, led by gains in aerospace production, petroleum products, and unfilled orders of heavy-duty trucks.